Court: United States District Court for the Northern District of Illinois, Eastern Division Jurisdiction: Federal Case Name: Bakov v. Consol. World Travel, Inc. Citation: 2019 U.S. Dist. LEXIS 46510 Facts A group of plaintiffs brought this class action lawsuit alleging…
The Securities and Exchange Commission filed an enforcement action against the operator of a large-scale Ponzi scheme. The hedge fund operator pleaded guilty to a multi-count indictment for securities fraud, wire fraud, mail fraud and other charges. The SEC appointed…
Case: Fleischman v. Albany Medical Center United States District Court, N.D. New York.July 22, 2010728 F.Supp.2d 130 Facts: Plaintiffs commenced the instant action against Defendants claiming that they conspired among themselves to keep down the wages of registered nurses in the Albany…
In this case, the defendant attorney was asked to serve as a manager of a trust fund. The trustors had previously owned a large business, and had begun to sell many of the company’s assets at the time of the…
The Securities and Exchange Commission asserted that a company and its many affiliates raised nearly $500 million through a Ponzi scheme, scamming their customers into giving them money and ripping them off in the process. The company filed for Chapter…
